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单词 stagflation
释义 stagflation Econ.|stægˈfleɪʃən|
[Blend of stagnation and inflation: cf. slumpflation.]
A state of the economy in which stagnant demand is accompanied by severe inflation.
1965I. Macleod Hansard Commons 17 Nov. 1165/1 We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of ‘stagflation’ situation.1971R. Boyson Down with Poor 5 The result of all this extra state interference..has been..what might be called rampant stagflation, that is to say stagnation in production and raging inflation which..destroys belief in the future.1974W. Rees-Mogg Reigning Error iv. 75 So-called stagflation and slumpflation are the inevitable reflection of the progressive divergence between a rising nominal and a falling real supply of money.1976F. Zweig New Acquisitive Society ii. xi. 137 Even recession, stagnation, ‘stag-flation’ or steeply rising unemployment do not rule out wage explosions.1979N.Y. Rev. Bks. 25 Oct. 44/2 Stagflation ate away at prosperity. In 1975 industrial production fell.
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